Author: Tristan Lodenberg

Solana Tests Quantum-Resistant Cryptography to Prepare for Future Threats The Solana Foundation is working with cryptography firm Project Eleven to test quantum resistant security as concerns grow that future quantum computers could break current blockchain encryption. The effort reflects a wider industry push to prepare for a potential “Q-day,” the moment when quantum machines could solve mathematical problems that secure today’s digital assets. Recent research from major technology and academic groups has intensified urgency, suggesting that powerful quantum systems could eventually crack widely used encryption methods much faster than traditional computers. While Bitcoin developers continue searching for solutions and Ethereum…

Leap Wallet, a noncustodial crypto wallet originally designed for the Terra Luna ecosystem, is shutting down its software suite by May 28, the team announced on Friday. The closure affects the browser extension, iOS and Android mobile apps, the Leap WebApp, Swapfast exchange platform, and the Leap Cosmos Hub validator. The Leap team urged users with ATOM delegated to their Cosmos Hub validator to redelegate to another validator promptly to continue earning staking rewards, accounting for network unbonding periods. Despite the shutdown, users can still access their assets through a recovery phrase or private key using another wallet, without needing…

Polymarket has removed a prediction market tied to the fate of a missing US service member after public backlash, stating that the listing violated its “integrity standards.” The market had asked users whether US authorities would confirm the rescue of a pilot reportedly shot down over Iran, with more than 60% of participants betting that the rescue would not be confirmed before Saturday. US Representative Seth Moulton strongly criticized the listing, calling it “disgusting” and raising concerns about people speculating on the safety of a potentially injured service member. He noted that those involved could be “a neighbor, a friend,…

The Independent Community Bankers of America (ICBA) has voiced strong opposition to the Office of the Comptroller of the Currency’s (OCC) conditional approval of Coinbase’s national trust bank charter. The group warned that the application falls short of regulatory standards, citing deficiencies in risk controls, profitability, and resolution planning. ICBA also questioned the OCC’s authority to expand trust powers for crypto-related activities without enforcing the full set of banking regulations. “The sudden influx of applications demonstrates nonbank entities are seeking the benefits of a US bank charter without satisfying the full scope of US bank regulations,” the ICBA said. Similarly,…

A Nevada state judge has extended a temporary ban on Kalshi’s sports related prediction markets, citing concerns that the contracts are “indistinguishable” from traditional gambling. Judge Jason Woodbury of the First Judicial District Court approved the extension of a temporary restraining order originally issued on March 20 and granted the Nevada Gaming Control Board’s request for a preliminary injunction. The injunction prevents Kalshi from offering certain prediction market products until a broader legal case is resolved. The judge specifically noted that buying a contract on a baseball game through Kalshi is equivalent to placing a bet on a state gaming…

Kalshi announced that Stephanie Cutter, a former staffer for President Barack Obama, will join the company as a policy adviser. Cutter, who co founded communications firm Precision Strategies in 2013, is expected to help Kalshi “deepen its relationships in DC and across the country,” according to the company’s Thursday notice. Kalshi co founder and CEO Tarek Mansour emphasized Cutter’s experience in government and politics, saying she can “get [the] message to the right people.” The platform already has staff with government connections, including Donald Trump Jr., who joined as a strategic adviser in January 2025, just before his father took…

A fresh wallet has withdrawn $82.12 million worth of Ethereum (ETH) from FalconX in the past hour, according to blockchain intelligence data from Arkham . Analysts note that the purchase pattern matches previous transactions associated with Bitmine, the investment firm led by Tom Lee. The transaction involved approximately 40,000 ETH, marking another significant acquisition for the firm. While the wallet’s behavior strongly aligns with Bitmine’s historical purchase activity, it is important to note that on chain data cannot definitively confirm ownership. Arkham Intelligence highlighted the similarities in timing, amount, and transaction patterns, suggesting this could be another major ETH accumulation…

Tether is reportedly pressing investors to commit to a major fundraising round at a $500 billion valuation within the next two weeks, warning that the effort could be delayed if demand falls short. The El Salvador based company has been seeking fresh capital since late last year, but some investors remain cautious about the high valuation target. If achieved, the proposed valuation would position Tether among the world’s largest financial firms. The figure would place the company ahead of every United States bank except JPMorgan Chase, which has a market capitalization of about $794.55 billion, and above Bank of America,…

Charles Schwab is preparing to launch spot crypto trading for Bitcoin and Ethereum in the first half of 2026, marking a major step in its expansion into digital assets. The new service will be offered through Charles Schwab Premier Bank, SSB, allowing clients to buy and sell the two largest cryptocurrencies directly within their brokerage accounts. The firm has also opened a waitlist for early access to its upcoming Schwab Crypto account, designed to integrate crypto trading alongside traditional investments such as stocks and bonds. Client Demand Drives Unified Investment Platform Strategy Chief Executive Officer Rick Wurster previously indicated that…

Digital asset flows declined significantly in the first quarter of 2026, according to analysts at JPMorgan. Total crypto market inflows were estimated at $11 billion, roughly one third of the level recorded during the same quarter last year. The slowdown implies an annualized pace of around $44 billion, far below the record $130 billion inflows recorded in 2025. Analysts calculated total flows using combined data from crypto fund movements, futures activity, venture capital funding, and corporate treasury purchases. Corporate Bitcoin Buying Remains a Key Driver Much of the first quarter inflow was linked to corporate treasury purchases of Bitcoin, particularly…